Finance & Economics

New Report Projects $4.5 billion Cost to Reduce Fiji’s Vulnerability to Climate Change

By 2050, Fiji’s annual losses due to extreme weather events could reach 6.5 percent of GDP because of the impact of climate change, with more than 32,000 people pushed into hardship every year, according to a significant new climate vulnerability...

Somali Youths Win World Bank Blog Contest

Two Somali youths have been selected as winners of the #Blog4Dev competition launched earlier this year by the World Bank. Along with two runner-ups and over 100 submissions, the blog contestants addressed job creation for youth in Somalia.

Young Adults from Silicon Valley Defend the Human Right of Taxation

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A group photo of attendees of the forum together to defend taxpayer’s rights.

Organization for Economic Co-operation and Development

1,610 call centre workers laid off in Italy by Almaviva Contact SpA, should receive EU aid worth €3,347,370, following a Budgets Committee vote on Thursday.

OECD CLIs continue to point to stable growth momentum

Stable growth momentum in the OECD area
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IMF Executive Board Concludes 2017 Article IV Consultation with the Republic of Tajikistan

On November 03, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with the Republic of Tajikistan.

IMF Staff Concludes Visit to the Kyrgyz Republic

An IMF team led by Mr. Edward Gemayel, visited Bishkek from October 26 to November 8, 2017 to conduct the combined fourth and fifth reviews for the Kyrgyz Republic arrangement under the Extended Credit Facility (ECF).

Accelerated Reforms Needed for Higher Growth, Job Creation

Pakistan needs accelerated economic reforms to speed up growth, create more jobs and bring more stability by addressing growing fiscal and current account deficits, the World Bank said in a report, on November 9.

Zambia Launches its First National Financial Inclusion Strategy

On November 8, the Government of Zambia launched its National Financial Inclusion Strategy, as well as its Financial Sector Development Policy, and Financial Capability Survey Report with support from the World Bank Group. The three documents will...

House Tax Bill Harms Low-Income Families

Bread for the World expressed concern that the Tax Cuts and Jobs Act of 2017, introduced in the House of Representatives, will harm low-income families, on November 7.